Vietnam raises wind power price to encourage development

Vietnam raises wind power price to encourage development

The Government has recently decided to increase price of wind power to encourage the development of this energy after eight years imposing the Feed in Tariff (Fit) of 7.8 US cent/kWh, which is said to be too low for investors to overcome perceived risks.
Work starts on US$49.75 million solar power plant in Long An

Work starts on US$49.75 million solar power plant in Long An

The European Plastic Joint Stock Company (Europlast) held a groundbreaking ceremony for the 50MWp Europlast Long An solar power plant in Duc Hue district’s My Thanh Bac commune in the Mekong Delta province of Long An on September 21.
Cần xây dựng và ban hành tiêu chuẩn Việt Nam về xỉ gang thép làm nguyên liệu

Cần xây dựng và ban hành tiêu chuẩn Việt Nam về xỉ gang thép làm nguyên liệu

Đó là những ý kiến kiến nghị của các doanh nghiệp tại hội thảo về “Thực trạng công tác chế biến và sử dụng xỉ gang thép ở Việt Nam” do Hiệp hội Thép Việt Nam (VSA) và Hiệp hội Xi măng Việt Nam (VNCA) tổ chức sáng ngày 5/10/2018, tại Hà Nội.
Bac Ninh industry promotion helps enterprise development

Bac Ninh industry promotion helps enterprise development

(VEN) - Most enterprises in Bac Ninh Province are small to medium-sized facilities with modest capital and insufficient experience in market development and management experience. The Industry Promotion Center of Bac Ninh Province has implemented many programs and projects to help enterprises buy modern technology and equipment, contributing to provincial industrial development.
Rooftop solar power to be insured

Rooftop solar power to be insured

Users of rooftop solar power will be insured for the first time in Vietnam under a deal among solar energy solution provider SolarBK Holdings, Bank for Investment and Development of Vietnam (BIDV), and BIDV Insurance Corporation (BIC).
Ninh Thuan powers up renewable energy projects

Ninh Thuan powers up renewable energy projects

(VEN) - Despite numerous difficulties and limited human resources, the Ninh Thuan Industry and Trade Department is developing renewable energy as a key industry of the southeastern coastal province.
HCM City’s industrial production sustains upward trend

HCM City’s industrial production sustains upward trend

The Index of Industrial Production (IIP) of Ho Chi Minh City sustained its growth during the last eight months, gaining 0.24 percentage points month on month and predicted to rise 8.1 percent this year – higher than the 7.9 percent in 2017.
Lawmakers meet with heads of oil, gas sector

Lawmakers meet with heads of oil, gas sector

(VEN) - A high-ranking National Assembly delegation met on August 30 with heads of the country’s oil and gas sector to discuss possible amendments to relevant laws that would facilitate the operations of oil and gas companies and enable their fair competition.
Hanoi’s craft villages promote technological application

Hanoi’s craft villages promote technological application

(VEN) - Technological application to renovate production and increase competitiveness is necessary for craft villages during the fourth industrial revolution.
Work starts on first solar power plant in Binh Thuan

Work starts on first solar power plant in Binh Thuan

Power Plus Vietnam Co., Ltd on September 19 started construction of Tuy Phong solar power plant, the first of its kind in the central coastal province of Binh Thuan. 
Party chief’s Moscow visit to spur energy cooperation

Party chief’s Moscow visit to spur energy cooperation

(VEN) - Moscow and Hanoi agreed to expand oil and gas development and production zones in Vietnam’s offshore areas.
Idemitsu Q8 opens third petrol station in Vietnam

Idemitsu Q8 opens third petrol station in Vietnam

Japan-Kuwait joint venture Idemitsu Q8, the first 100-percent-foreign-owned oil & gas retail company in Vietnam, has opened its third petrol station in the northern province of Hung Yen.
Vietnamese, Indian power firms seek partnership opportunities

Vietnamese, Indian power firms seek partnership opportunities

A recent B2B meeting held by the Consulate General of India in Ho Chi Minh City provided networking and partnership opportunities for Vietnamese and Indian businesses in the electrical and power sector.
Công nghiệp 4.0- Nhìn từ một tổ hợp sản xuất ô tô

Công nghiệp 4.0- Nhìn từ một tổ hợp sản xuất ô tô

Được xem là ngành công nghiệp dẫn dắt cho phát triển sản xuất công nghiệp, công nghiệp ô tô của Việt Nam trong suốt hơn  20 qua mặc dù chưa đạt được như kỳ vọng về tỷ lệ nội địa hóa nhưng vài năm trở lại đây đã có những bước tiến đáng kể so với thời điểm trước đó. Thể hiện rõ nhất là việc các doanh nghiệp lớn mở rộng đầu tư như Thaco, Hyundai, cùng với sự gia nhập ngành sản xuất ô tô của những tên tuổi mới như VinFast với những mục tiêu cụ thể: phát triển ngành sản xuất ô tô trong nước, phát triển ô tô thương hiệu Việt. Công nghiệp 4.0 đã hiện diện rõ nét ở những dự án này.  
Long An deploys first solar power project

Long An deploys first solar power project

Construction of a 40.6MW solar power plant commenced in the Mekong Delta province of Long An on September 16.
Reed Tradex: Joining Vietnamese industrialists for deeper regional connectivity

Reed Tradex: Joining Vietnamese industrialists for deeper regional connectivity

(VEN) - METALEX Vietnam 2018 will take place from October 11-13 at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. The exhibition is the annual converge of manufacturing and supporting industries to discover effective metalworking solutions, product launches, critical business intelligence and collaborative partnerships for business growth in the emerging market of Vietnam. Vietnam Economic News’ My Phung spoke with Suttisak Wilanan, the Deputy Managing Director of the Reed Tradex Co., Ltd, and the organizer of METALEX Vietnam, about their plan for, and direction of the exhibition to further support Vietnam industrialists for deeper regional connectivity.
EVN gives measures to overcome lagging power supply projects

EVN gives measures to overcome lagging power supply projects

(VEN) - Vietnam Electricity (EVN) has proposed solutions to ensure the nation’s power supply in light of the delay in implementing various planned coal power projects.
Hanoi plans handicraft “beauty contest” to draw tourists

Hanoi plans handicraft “beauty contest” to draw tourists

(VEN) - The Hanoi Department of Industry and Trade recently launched a handicraft design contest themed “Handicraft products associated with the development of craft villages and tourism”, to honor the recent achievements of artisans. The contest aims to diversify handicraft products for export and increase their contribution to tourism development. 
Vietsovpetro taps 230 million tonnes of oil

Vietsovpetro taps 230 million tonnes of oil

The Vietnam-Russia Oil and Gas Joint Venture Vietsovpetro has pumped up more than 230 million tonnes of crude oil and provided 34 billion cubic meters of associated gas since its exploitation of the first tonnes of the resource in Vietnam in June 1986.
Mekong River Commission implements consultations on Lao hydropower project

Mekong River Commission implements consultations on Lao hydropower project

The Mekong River Commission (MRC) has recently decided to carry out consultations on the Pak Lay hydropower project in Laos, starting on August 8, according to the Vietnamese Ministry of Agriculture and Rural Development.
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